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For saleMLS® C12898076

2201 - 40 Homewood Avenue, Toronto, ON M4Y 2K2

Cabbagetown-South St. James Town, Toronto · Near Jarvis/ Carlton · View map

$489,000
2+1Beds
1Baths
700–799Sq ft
Condo apartmentType
$889/moMaint. fee
UndergroundGarage
NoneParking
$2,511/yrTaxes
Call / Text Will
$489,000
Underground parkingFrom the listing
Heat, hydro, water includedCovered by the maintenance fee

About this home

Welcome to this thoughtfully designed condo offering a bright, spacious, and open-concept layout - perfect for modern city living. Excellent value for both end users and investors alike. The generously sized bedroom features ample closet space and windows to fill the room with natural light. Step outside to your east-facing balcony is ideal for summer. Situated between Cabbage town and The Village, this prime location offers the perfect blend of character, convenience, and commuting. The location is ideal for a strong sense of belonging, with regular social events, a welcoming mix of residents of all ages, and an inclusive, friendly atmosphere that's hard to find in the heart of downtown. You'll also enjoy very low maintenance fees that cover everything - including heat, hydro, water. Just minutes from the Downtown Core, TMU, U of T, The Village, and a variety of top-rated restaurants, cafes, and shops, with easy access to the DVP and Gardiner Expressway. This condo offers the best of downtown living - a vibrant community, full-service amenities, and unbeatable value - all in one exceptional package.

The home

Type
Condo apartment
Style
Multi-Level
Square footage
700-799 sq ft
Bedrooms
2
Basement bedrooms
1
Bathrooms
1
Kitchens
1
Rooms
4
Basement
None
Faces
South West
Level
21
Balcony
Open
Laundry
Coin Operated

Ownership & fees

Ownership
Condominium
Maintenance fee
$889.47/mo
Fee includes
Heat, Water, Common Elements, Hydro
Complex
YCC 75
Property management
ICC Property Management
Pets
No
Exterior
Brick

Heating & cooling

Heating type
Radiant
Fireplace
No

Garage & parking

Garage
Underground
Total parking
None

Taxes & other

Property taxes
$2,511/yr
Tax year
2025
Occupancy
Vacant
Possession
Flexible
Cross street
Jarvis/ Carlton
Neighbourhood
Cabbagetown-South St. James Town

More

Price per sq ft
~$652 (at 750 sq ft)
MLS® number
C12898076

Included in the maintenance fee

  • Heat
  • Water
  • Common Elements
  • Hydro
Want to know something that isn’t listed?
Estimated monthly cost$3,071per month, all in
  • Mortgage
  • Property tax
  • Maintenance fee

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
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    40 Homewood Avenue, Toronto, ON M4Y 2K2

    Cabbagetown-South St. James Town, Toronto · Near Jarvis/ Carlton

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    Sold history

    Listing history for 40 Homewood Avenue

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 2201 - 40 Homewood Avenue

    Answers come straight from this home’s MLS® listing.

    How much is 2201 - 40 Homewood Avenue listed for, and what would it cost each month?

    2201 - 40 Homewood Avenue is listed for $489,000. With 20% down ($97,800), the mortgage payment would be roughly $1,972 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $3,071 a month, all in. That figure is an illustration, not a quote.

    Is 2201 - 40 Homewood Avenue freehold or a condo, and is there a monthly fee?

    2201 - 40 Homewood Avenue is a condo apartment in Cabbagetown-South St. James Town, Toronto. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $889.47 a month. The listing says it covers heat, water, common elements, hydro. Fees can change, so confirm the current amount in the status certificate.

    How many bedrooms and bathrooms does 2201 - 40 Homewood Avenue have?

    2201 - 40 Homewood Avenue has 2 bedrooms, plus 1 more bedroom in the basement, and 1 bathroom. The listing gives the style as multi-level.

    Does 2201 - 40 Homewood Avenue have a garage and parking?

    Yes. The listing shows the garage as underground. The listing does not include a parking space.

    Does 2201 - 40 Homewood Avenue have a finished basement?

    No. The listing shows no basement for this home.

    What style of home is 2201 - 40 Homewood Avenue?

    2201 - 40 Homewood Avenue is a condo apartment. A condo apartment is a unit in a multi-storey building, owned outright, with a monthly fee for the shared parts of the building.

    How big is 2201 - 40 Homewood Avenue?

    The listing puts the home between 700 and 799 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.

    How is 2201 - 40 Homewood Avenue heated and cooled?

    Heating is radiant. The listing does not show air conditioning.

    What are the property taxes for 2201 - 40 Homewood Avenue?

    Property taxes are $2,511 a year (2025), or about $209 a month.

    Are pets allowed at 2201 - 40 Homewood Avenue?

    The listing says pets are not allowed.

    Where is 2201 - 40 Homewood Avenue?

    2201 - 40 Homewood Avenue is in the Cabbagetown-South St. James Town community of Toronto. The nearest main intersection is Jarvis/ Carlton. The postal code is M4Y 2K2.

    Is 2201 - 40 Homewood Avenue still for sale?

    Yes. It is an active listing (MLS® C12898076). Listings here update from the board through the day and come down once a home sells.

    What are similar condos near 2201 - 40 Homewood Avenue asking?

    Similar condos for sale nearby right now include 316 - 40 Homewood Avenue at $519,000 (2 bed), 414 - 40 Homewood Avenue at $449,000 (1 bed) and 807 - 40 Homewood Avenue at $389,000 (1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 40 Homewood Avenue sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 2201 - 40 Homewood Avenue?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.

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